3. Financially Attractive Transaction
Together, we are poised to thrive even further. When finalized, the debt-financed deal will improve our business mix, with professional revenues increasing from 42% to 53% of total Signify sales. By combining forces, we have more opportunities to bring ground-breaking connected lighting to more customers. Add in substantial cost synergies from well-identified savings in the bill of materials, supply chain and insourcing, and we will unveil a combined company that can garner $60 million in savings.
4. Shared DNA
From overlapping, complementary markets and wide-ranging, innovative, award-winning product portfolios to multi-million-dollar cost synergies and strong, well-respected brands, we share a similar DNA. Displaying strong commitments to innovation and R&D investments are just the foundation to position us for growth in 2020 and beyond.